Fonterra lifts forecast Farmgate Milk Price range and revises earnings guidance at first quarter update
Fonterra Co-operative Group today lifted its 2021/22 forecast Farmgate Milk Price range, reported a solid start to the 2022 financial year and revised its earnings guidance.
More dairy a day helps keep breaks at bay
A study published in the British Medical Journal has shown an increased intake of calcium- and protein- rich dairy foods, including milk, yoghurt and cheese, can reduce the risk of falls and fractures in aged care residents.
Fonterra and VitaKey partner to enhance dairy's contribution to health and wellness
Combining innovation and nutrition with the goodness of natural New Zealand milk.
Looking to a future where it is likely that many foods will be more valued for their specific health benefits, Fonterra and VitaKey Inc. announced today a transformative dairy science collaboration to further unlock the benefits of Fonterra’s probiotic strains.
Fonterra increases 2021/22 forecast Farmgate Milk Price
Fonterra Co-operative Group Limited today increased and narrowed its forecast Farmgate Milk Price range to NZD $7.90 - $8.90 per kgMS, from NZD $7.25 - $8.75 per kgMS.
NZ-UK Free Trade Agreement
Fonterra welcomes the news that the New Zealand Government has successfully secured an in-principle Free Trade Agreement (FTA) with the United Kingdom.
Fonterra completes reset, announces annual results and long-term growth plan out to 2030
Annual Results Summary
- Total pay-out for 2020/21 season: $7.74 per kgMS
- Final 2020/21 Farmgate Milk Price: $7.54 per kgMS
- 2020/21 dividend: 20 cents per share, comprised of 5 cent interim dividend and 15 cent final dividend
Farmer feedback set to
shape revised capital structure proposal
With the first phase of Fonterra’s capital structure consultation now complete, the Co-op is drawing up a revised proposal that aims to reflect farmers’ views.
Fonterra agrees sale of China JV farms
Fonterra has agreed the sale of its two joint venture farms in China, with the sale expected to be completed on 30 June.
Fonterra sets opening 2021/22
forecast Farmgate Milk Price
and updates on business performance
Fonterra today announced an opening forecast Farmgate Milk Price range for the 2021/22 season of $7.25 - $8.75 per kgMS, with a midpoint of $8 per kgMS.